Beyond Meat pushes ahead with Chinese expansion despite pandemic

  • 📰 CNBC
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

As Beyond Meat plans a major push into the Chinese market, the company isn't letting the coronavirus pandemic slow down its expansion.

"When you see an obstacle like Covid, you don't say you're not going to do it, you say 'How am I going to do it?' and work on a solution," CEO Ethan Brown said in an interview.

Beyond announced on Tuesday that it's building up its presence in mainland China with two manufacturing facilities near Shanghai that will run full-scale production by early next year. Beyond and rival Impossible Foods have both targeted China as a top market for growth, considering its massive population and appetite for meat.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Glad to know now I’ll definitely never be buying anything from this company. BeyondMeat CCPISASSHOE

Garbage oily filler.

Are they serving bat flavoured meat too? If not they should try. It will b a huge success.

It has flopped everywhere.

didnt this flop in canada?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines